Jonathan Lieberman
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Mr. Lieberman built his career in specialty finance, structured credit, and alternative asset management. From 1989 to 1994 he practiced securities and structured finance law at Dewey Ballantine. From 1994 to 1997 he was a Senior Credit Analyst in the Structured Finance Group at Moody's Investors Service.
From 1998 to 2008 he was at Bear Stearns & Co., rising to Senior Managing Director, where he oversaw the specialty REIT, permanent capital vehicle, and consumer finance practice.
In 2008 he joined Angelo Gordon & Co. to build and lead its Residential & Consumer group. He later became a member of the Executive Committee and Co-Head of Structured Credit. He founded and directed more than a dozen private funds, oversaw more than one-fifth of the firm's $28 billion in assets, and co-managed AG's fund under the US Treasury's Public-Private Investment Program. From 2011 to 2017 he served as President and a Board member of AG Mortgage Investment Trust (NYSE: MITT), and as its CIO until 2017.
He is the managing member of the J Bear Family Office. He holds a BA in Economics from Vassar College and a JD from Hofstra School of Law.
David Williams
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Mr. Williams has nearly three decades of experience in structured credit, trading, and distressed investing, with a focus on fundamental credit analysis.
From 2008 through 2020 he was a Senior Portfolio Manager for the ABS Fund at CQS. There he invested across MBS, distressed municipals, monoline corporate debt, consumer ABS, distressed high-yield debt, and special situations.
Before CQS he spent 13 years at Financial Security Assurance, heading its RMBS group from 1999 to 2008. While there he served as a board representative for Fairbanks Capital and Mortgages PLC. He began his career at Prudential Securities.
He holds a BS in Civil Engineering from Villanova University and an MBA from NYU's Leonard N. Stern School of Business.
Michael Galvin, CFA
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Mr. Galvin is a Partner at Applied Fund Solutions and has nearly 25 years of experience in the hedge fund industry. He was Chief Financial Officer of Goshen Investments for more than 11 years, a firm he helped launch with seed capital from Tiger Management. Earlier he was assistant controller at Millennium Partners and began his career at Sanford C. Bernstein. He holds a BS in Accounting from the University of Scranton and is a CFA charterholder.
Daniel Nikci, CPA
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Mr. Nikci is a Founder and Managing Partner of Applied Fund Solutions and has nearly 20 years of public and industry accounting experience in hedge funds and private credit funds. He was previously CFO and Chief Compliance Officer at Yorkville Capital Management and Controller at Cedar Hill Capital Partners. He holds a BBA in Accounting from Baruch College and is a Certified Public Accountant in New York.
Dean Smith
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Mr. Smith has more than 25 years of experience in structured products as an investment banker, trader, and hedge fund portfolio manager. He is Chief Strategist of Folio Beyond and founded Stonehenge Financial Partners in 1996. He was a partner at Highland Financial Holdings and held senior positions at DLJ and Nomura Securities. He is an adjunct professor of finance at the College of Charleston and holds a BA from the University of California and an MA in Economics from Columbia University.